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Lakan Incorporation is a private corporation based in POTOMAC, MD. The foundation received its IRS ruling in 2006. The principal officer is Lk Foundation. It holds total assets of $823K. Annual income is reported at $69K. Total assets have grown from $112K in 2011 to $823K in 2024. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2024. Grantmaking is concentrated in Maryland. According to available records, Lakan Incorporation has made 40 grants totaling $222K, with a median grant of $2K. Annual giving has grown from $49K in 2020 to $110K in 2022. Individual grants have ranged from $250 to $50K, with an average award of $6K. The foundation has supported 30 unique organizations. The foundation primarily supports organizations in Ohio, Maryland, Texas, which account for 57% of all grants. Grantmaking reaches organizations across 9 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$2K
Average Grant
$5K
Largest Grant
$25K
Based on 14 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Lakan Incorporation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 40 grants. Its grantmaking reaches organizations primarily in OH, MD, TX.
Lakan Incorporation has distributed a total of $222K across 40 grants. The median grant size is $2K, with an average of $6K. Individual grants have ranged from $250 to $50K.
Lakan Incorporation typically selects its grantees rather than accepting unsolicited proposals.
Lakan Incorporation is headquartered in POTOMAC, MD. While based in MD, the foundation distributes grants to organizations across 9 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Lakhbir Singh | OFFICER | $0 | $0 | N/A |
| Manpreet Singh | OFFICER | $0 | $0 | N/A |
| Gurpreet Singh | OFFICER | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$823K
Fair Market Value
N/A
Net Worth
$823K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
40
Total Giving
$222K
Average Grant
$6K
Median Grant
$2K
Unique Recipients
30
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Five TalentsCHARITABLE | Falls Church, VA | $2K | 2022 |
| Fidelity DafCHARITABLE | Cincinatti, OH | $50K | 2022 |
| Sikh Human Dev FoundationCHARITABLE | N Potomac, MD | $3K | 2022 |
| Fidelity Charitable Advisor FundDonation | Cincinnati, OH | $25K | 2021 |
| Rivers HeartDonation | Jackson, NJ | $10K | 2021 |
| DasvandhDonation | San Antonio, TX | $10K | 2021 |
| Sikh Human Development FoundationDonation | North Potomac, MD | $6K | 2021 |
| Suburban HospitalDonation | Bethesda, MD | $3K | 2021 |
| Robert Smith School Of BusinessDonation | College Park, MD | $3K | 2021 |
| GnfaDonation | Silver Spring, MD | $1K | 2021 |
| Montgomery County CoalitionDonation | Rockville, MD | $1K | 2021 |
| Guru Gobind Singh FoundationDonation | Rockville, MD | $1K | 2021 |
| Howard UniversityDonation | Washington, DC | $1K | 2021 |
| Friends Of TfiDonation | New York, NY | $500 | 2021 |
| EcosikhDonation | West Silver Spring, MD | $500 | 2021 |
| Dc Central KitchenDonation | Boston, MA | $500 | 2021 |
| Fidelity CharitableDONATION | Cincinnati, OH | $20K | 2020 |
| University Of MarylandDONATION | Baltimore, MD | $5K | 2020 |
| Global Sikh Economic ForumDONATION | Southington, CT | $5K | 2020 |
| Sikh CoalitionDONATION | New York, NY | $2K | 2020 |
| Montgomery County Coaltion For The HomelessDONATION | Rockville, MD | $2K | 2020 |
| Washington Dc GurudwaraDONATION | Washington, DC | $1K | 2020 |
| Jaswant Sawhney TrustDONATION | Washington, DC | $1K | 2020 |
| SaldefDONATION | Washington, DC | $1K | 2020 |
| Stroke Comeback CenterDONATION | Vienna, VA | $500 | 2020 |
| Us Indo 2019DONATION | Washington, DC | $500 | 2020 |
| National Sikh CampaignDONATION | Rockville, MD | $500 | 2020 |
| Dc Centeral KitchenDONATION | Boston, MA | $500 | 2020 |
| Progressive SikhDONATION | Potomac, MD | $250 | 2020 |
| John HopkinsDONATION | Baltimore, MD | $250 | 2020 |
BALTIMORE, MD
OWINGS MILLS, MD
HANOVER, MD